Oil

SI Research: Play Caution On Oil Stocks Now

Shares of oil and gas stocks have rallied significantly since the beginning of the year. The FTSE ST Oil and Gas index that consists of Singapore-listed oil and gas companies, have climbed to a high of 407.3 points on 6 March 2017 since opening at 333.74 points on 2 January 2017.
Scicom

Scicom (MSC) – From Contact Centre To Integrated Solutions Play

Scicom (MSC) (Scicom) was first incorporated in 1997 as a pure play contact center. It subsequently listed on the mainboard of Bursa Malaysia in 2005 and as of today, the company has diversified its business to provide an integrated suite of solutions in customer lifecycle management, education solutions, e-Commerce solutions and e-Government solutions.
CNOOC

China’s Oil Giant to Raise Spending; What This Means

With the firming oil prices, China’s biggest offshore oil and gas producer Cnooc Ltd (0883.HK) plans to raise capital spending for the first time (according to Bloomberg) since crude began its crash in 2014, by up to 39 percent (according to the Financial Times).
sia

SI Research: Singapore Airlines – Flying In Cloudier Skies

The sky is the limit. The airline industry has long been touted as a death trap for value investors in spite of all the hype, until the Oracle of Omaha himself emerged, only to prophesize about his positive vision for the US airline industry’s future a while ago in 2016.
bonia

Bonia Corporation – Headwinds Likely To Persist

Established in 1973, Bonia Corporation (Bonia) has a rich corporate history of over 40 years. Today, the company has grown into an international luxury fashion retailer, listed on the Main Board of Bursa Malaysia with a market capitalisation of RM463.7 million.
thumb-market-commentary

Singapore Upends Disinflationary Trend

In the last fortnight, global equities mostly traded sideways during the final days of 2016. Trading volumes were relatively thin in the absence of any market-moving news as investors seemed somewhat reluctant to make any significant moves over the Christmas holiday and ahead of another long weekend for the New Year.